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Nov 3, 2012
11/12
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here's how i use the reports we constantly refer to. first i assess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posted numbers that you can find on a lot of websites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high estimates on the street. that will always cause a raising of the numbers for the rest of the year by everyone. if it is the end of the year for the numbers after that. i use that increase in earnings per share to try to figure out the increases from real business, actual sales. did they do better. not just the changes and share changes. i look more at the revenues than the actual earnings themselves. why is that important? a company can't change the sales line except by increasing demand, producing more, gaining more customers either at the expense of o
here's how i use the reports we constantly refer to. first i assess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posted numbers that you can find on a lot of websites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high...
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162
Nov 2, 2012
11/12
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CNBC
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eye 162
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here's how i use the reports we constantly refer. to first i aassess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posting numbers that you can find on a lot of web sites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high estimates on the street. that will always cause a raising of the numbers for the rest of the year by everyone. if it is the end of the year for the numbers after that. i use that inincrease in earnings per share to try to figure out the increases from real business, actual sales. did they do better. not just the changes and share changes. i look more at the revenues than the actual earnings themselves. why is that important? a company can't change the sales line except by increasing demand, producing more, gaining more customers either at the expe
here's how i use the reports we constantly refer. to first i aassess them for the predicted value for the year. to do that i try to discern where analysts go with their estimates after the company's reports do. they raise them, lower them, keep them the same? let's say apple is using a report that is better than not only the posting numbers that you can find on a lot of web sites but also beats the high man. some call it the whisper. the high man. the analyst with the most aggressively high...
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104
Nov 12, 2012
11/12
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CNBC
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eye 104
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what the business community says to us is give us some certainty, tell us what you're going to do, stop sort of just delaying these hard decisions. many of them said they're willing to talk about getting rid of some of these special tax deductions and lowering the rate. again, we actually agree with that. so let's have this serious conversation but it's not going to be good enough just to say we need new revenues coming from just growth. >> congresswoman schwartz, thank you very much for being with us. we wish you good luck because we're all watching and counting on you. >> and we should get it done. yeah, absolutely. >> very good. >>> a reporter with the "fiscal times" joins us live in washington. you heard the congresswoman? she seemed to move the conversation forward a little bit. are we going to get a deal or no deal? >> well, the deal and the devil is in the details and the details are really what matters here. thus far we've heard nobody wants to be boxed in. until you're willing to be boxed in, you're not going to commit to a compromise. >> you know, though, i think most of ameri
what the business community says to us is give us some certainty, tell us what you're going to do, stop sort of just delaying these hard decisions. many of them said they're willing to talk about getting rid of some of these special tax deductions and lowering the rate. again, we actually agree with that. so let's have this serious conversation but it's not going to be good enough just to say we need new revenues coming from just growth. >> congresswoman schwartz, thank you very much for...
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Nov 22, 2012
11/12
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KTVU
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and can afford to pay us more. >> organizers are expected to take place. the discount chains are not expected to disrupt holiday shopping. >>> this morning, it is back up after they disrupted after the eve of thanksgiving. they were shooting at each other around 8:30 last night. one officer found a quarreled with bullets at the scene. all lanes were reopened last night and so far no injuries have been reported. it does not appear that freeway gun battle is related to a whom said that happened about a mile away. they got a call where the victim was injured and they drove him to another area and he was pronounced dead at the scene. >>> a man fell to his death in a water filled quarry. he was looking for his cat tuesday and on the edge of that quarry. he fell down the 100-foot cliff and into the water. divers arrived too late, neighbors say he was devoted for his cat. >> i know he didn't intend to give his life for his animals but that's what happened. we will miss him. >> they will meet with the quarry owners and see if there is anything they could do. >>> t
and can afford to pay us more. >> organizers are expected to take place. the discount chains are not expected to disrupt holiday shopping. >>> this morning, it is back up after they disrupted after the eve of thanksgiving. they were shooting at each other around 8:30 last night. one officer found a quarreled with bullets at the scene. all lanes were reopened last night and so far no injuries have been reported. it does not appear that freeway gun battle is related to a whom said...
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95
Nov 22, 2012
11/12
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CNBC
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eye 95
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and that's why i like to use scales. the trick with wide scales is you buy larger and larger positions as the stock goes lower. i used to think of it as a pyramid of buying. if the stock lost a point, i would put on a thousand points. another point, 1500. and when it is so low you can hardly believe how poorly the stock is trading, you can double down. do you see what i mean? it's about a pyramid structure. the best investors all use pyramid style. they just don't talk about it. the great thing about wide scales is they leave you with lots of room to maneuver. when the stock eventually bottoms out, you're going to want to pour your money in and using wide scales allows you to buy the largest number of shares at the lowest price. the best thing about long-term investing is you can afford to be patient. you can wait for a market wide pullback or a sector wide sell-off to accumulate a big position in the company's stock as it goes down. just make sure the story is still intact. that's why i say you got to do the homework. i
and that's why i like to use scales. the trick with wide scales is you buy larger and larger positions as the stock goes lower. i used to think of it as a pyramid of buying. if the stock lost a point, i would put on a thousand points. another point, 1500. and when it is so low you can hardly believe how poorly the stock is trading, you can double down. do you see what i mean? it's about a pyramid structure. the best investors all use pyramid style. they just don't talk about it. the great thing...
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Nov 22, 2012
11/12
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CNBC
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tell us more, how does this work? >> what i wanted to do was to try to forth a middle ground that protected small businesses from any of the rate hikes that are being discussed. it seems to me that democrats have been focussing mainly on increasing taxes, republicans were focussing mainly on the need to protect small business. and that there was a way to accomplish a middle ground by allowing for a sir tax on the very wealthy, those making over a million dollars a year. but not applying it to small businesses. many of whom paid taxes through the individual income tax system. >> right. that's a key point. all right, i'm going it leave the sir tax alone. i just want to focus, you basically keep small business top rated 35%, and i wanted to ask you, are there any restrictions. we are talking sub chapter llcs, et cetera, et cetera. are there any restrictions to that, or is it just everybody? >> there are restrictions. first of all, it would require that small business actually have employees. that's the whole point is to
tell us more, how does this work? >> what i wanted to do was to try to forth a middle ground that protected small businesses from any of the rate hikes that are being discussed. it seems to me that democrats have been focussing mainly on increasing taxes, republicans were focussing mainly on the need to protect small business. and that there was a way to accomplish a middle ground by allowing for a sir tax on the very wealthy, those making over a million dollars a year. but not applying...
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253
Nov 21, 2012
11/12
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CNBC
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eye 253
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you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> the only way to generate consistently strong returns year after year after year is by putting some thought and some effort into the process. anyone who says you can make money in stocks without keeping track of short-term developments at the underlying companies is like a personal trainer that promisious can get in shape without doing any exercise. here is a pill, okay? it doesn't work. yet i think a substantial majority of the public still believes this buy and hold nonsense is the only legitimate way to invest. i read about it in the papers all the time. no wonder stocks are so hated. people have been convinced if they ply blue chip stocks, as if that term means anyt
you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> the only way to generate consistently strong returns year after...
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186
Nov 1, 2012
11/12
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CNBC
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eye 186
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it's taking longer than many of us would like. that's because it's a complex issue of providing the supply of liquid natural gas. >> i have a big trust, i would love to convert if i knew there were gas stations all over the country. and the gas station people would love to build more gas stations for nat gas if they knew there were a lot of trucks. natural gas trucks. >> i think we have gotten past that. everybody, both the chickens and the eggs are ready to do their bit. what's challenging is how do you ramp it up so that you don't have trucks waiting that you can't use because there is no fuel available and if you're building a fuel station, you want to make sure the customer is for it as soon as it happens. one of the things i have said is we have to understand how long it takes to actually build out infrastructure like this. when the oil company and the automakers were forced to work together to improve emission standards, the fastest those changes could be made is over a 10-year roll in period. we really can't expect signific
it's taking longer than many of us would like. that's because it's a complex issue of providing the supply of liquid natural gas. >> i have a big trust, i would love to convert if i knew there were gas stations all over the country. and the gas station people would love to build more gas stations for nat gas if they knew there were a lot of trucks. natural gas trucks. >> i think we have gotten past that. everybody, both the chickens and the eggs are ready to do their bit. what's...
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185
Nov 28, 2012
11/12
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CNBC
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eye 185
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to me that manse i want to climb out of clift using a stock like home depot. yeah, man, i'm going to climb out there and get this. home depot. that's one i'm going to get. because it's up 54% for the year. the most visible winner in the dow jones industrial average. you may have to buy that stock as early as the first week of january. whirlpool down more than 116% this year. i think the housing boom will not be hurt from reality nearly as much as it might be in theory. at the same time if the 2013 tax code more than doubles the taxes on dividends. i want to be there with my ropes, make them so i can secure myself and get them right back in. here's the bottom line. i don't want it to go over the fiscal. i'm a 46 in the adirondacks. the losses on the cliff won't impact the legislators until after the market climbs and unemployment skyrockets. it will be cause -- the cliff is going to close soon and you'll be up there with your home depot, sherwin-williams and at&t. why not be profitable on the other side of the valley. let's go to robbie in michigan, please. >>
to me that manse i want to climb out of clift using a stock like home depot. yeah, man, i'm going to climb out there and get this. home depot. that's one i'm going to get. because it's up 54% for the year. the most visible winner in the dow jones industrial average. you may have to buy that stock as early as the first week of january. whirlpool down more than 116% this year. i think the housing boom will not be hurt from reality nearly as much as it might be in theory. at the same time if the...
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343
Nov 7, 2012
11/12
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CNBC
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eye 343
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>> well, first, thank you for serving us. don't forget, we've got a big veteran's day show coming up on friday. every one of those stocks i like. i'm not worried about the competition. all of these companies have lottings of irons in the fire. ely lily always looks like it's breaking down. that's when you have to buy it. mid 40s, i really think you have to pull the trigger. please, don't panic. fiscal cliff is now top of the mine. we don't believe that people can rise above and, for broker, it's just too easy a call to say, hey, take some profits and move on. we'll be right back. >> announcer: coming up, new priorities. >> bring ourselves from foreign oil. we've got more work to do. >> announcer: america's energy debate isn't stopping po post-election. it's just heating up. will the desire for independence push energy service stocks higher? or could a crack down on fraking extinguish their claim? cramer finds out when he talks to the c.e.o. next. and, later, the election correction? the market obliterated anything romney toda
>> well, first, thank you for serving us. don't forget, we've got a big veteran's day show coming up on friday. every one of those stocks i like. i'm not worried about the competition. all of these companies have lottings of irons in the fire. ely lily always looks like it's breaking down. that's when you have to buy it. mid 40s, i really think you have to pull the trigger. please, don't panic. fiscal cliff is now top of the mine. we don't believe that people can rise above and, for...
1,576
1.6K
Nov 16, 2012
11/12
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CNBC
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eye 1,576
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you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information
you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. you know, one job or the other. the moment i could access the retirement plan,...
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187
Nov 17, 2012
11/12
by
CNBC
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eye 187
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and carmax is the one that sells used cars. for the last five odd years selling new cars was a much better business than selling used ones. that's why they made a heck of a lot more money than carmax. new car sales are growing rapidly. we are on track for building more cars than we have the last few years. the margin for new cars are starting to get squeezed. competition is coming back. during the great recession, tons of car dealerships closed down. now you've got new dealerships popping up again and the business is starting to get more cutthroat and more competitive. even though autonation has a bright future, they are facing difficulties they didn't have to deal with a year or two ago. the used car business, that's a different story. in recent years, used car retailers struggled against a head wind which is the recession that caused a huge decline. there weren't enough new cars built in 2008 and 2009, to the lesser extent 2010 to support a robust car market. the ones they most want to buy are the ones with the least wear and
and carmax is the one that sells used cars. for the last five odd years selling new cars was a much better business than selling used ones. that's why they made a heck of a lot more money than carmax. new car sales are growing rapidly. we are on track for building more cars than we have the last few years. the margin for new cars are starting to get squeezed. competition is coming back. during the great recession, tons of car dealerships closed down. now you've got new dealerships popping up...
175
175
Nov 29, 2012
11/12
by
CNBC
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eye 175
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another 30% is approaching the end of its usefulness. this equipment should have been replaced ages ago. one of the reasons why you're disgusted in the northeast about what happened, and you have right to be. after sandy i think we'll finally start tackling this issue and start taking it seriously. one of the reasons is our lousy electrical grid is also a security threat. heaven forbid a terrorist wanted to do some damage. all they would have to do is knock out a couple power substations, which are sdwrenlly only protected by chain-link fence. take a look at this clip. doesn't that look like something out of a science fiction movie where aliens are invading? escape from new york part 2. anybody who has seen that footage knows we need to upgrade our equipment. that's where quanti-services comes in. it's a leading special contractor that designs, installs, upgrades, repairs and main tans electric power networks, both for transmission and distribution. if you were driving on any interstate before sandy, you probably saw caravans of trucks -
another 30% is approaching the end of its usefulness. this equipment should have been replaced ages ago. one of the reasons why you're disgusted in the northeast about what happened, and you have right to be. after sandy i think we'll finally start tackling this issue and start taking it seriously. one of the reasons is our lousy electrical grid is also a security threat. heaven forbid a terrorist wanted to do some damage. all they would have to do is knock out a couple power substations, which...
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275
Nov 27, 2012
11/12
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CNBC
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eye 275
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so it was a strong quarter for us. one of the things, and i know it is not as important, but your heritage brand, 3% increase, this is a major change, it is in the middle of a tremendous turn over, so we are expecting a strong third quarter. somewhere in the six to seven percent range and strong earnings. is that jc penney? >> who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to school and they have continued to deliver strong results for us and for jc penney. we have happy the way that the izo d izod brand is doing. >> sandy had to shut down a lot of stores for you. the hurricane storm 35-40% of your business is done. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth. so, we are expecting 4th quarter, a holiday season to continue very strong. how important is the
so it was a strong quarter for us. one of the things, and i know it is not as important, but your heritage brand, 3% increase, this is a major change, it is in the middle of a tremendous turn over, so we are expecting a strong third quarter. somewhere in the six to seven percent range and strong earnings. is that jc penney? >> who is driving that? >> a big piece has to do with the jc penney business. we put those new shops in, back to school and they have continued to deliver strong...
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196
Nov 29, 2012
11/12
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CNBC
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eye 196
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man, we got to use this. this will no longer just be a key chain because if we're cl m climbing out of the cliff you need to be the first there and with the best stocks. i envision all segments of the market getting pummeled but the ones that come back first are the ones that sold down first. so the best could be the worst. to me that means i want to climb out of the cliff using a stock like home depot. i'm going to climb out there to get this, yeah, home depot. that's one i'm going to get! because -- sorry about that. because it's up 54% for the year. the most visible winner in the dow jones industrial average. you my have to buy that stock as the first week of january. we run into the thickest, i would considinto sher win willi. and i think the housing boom will not be hurt in reality nearly as much as it might be in theory. at the same time, i suspect we'll get another whackdown in them high-yielders because the 2013 tax code more than doubles it. here i'll climb out with the ice ax from verizon. i want to
man, we got to use this. this will no longer just be a key chain because if we're cl m climbing out of the cliff you need to be the first there and with the best stocks. i envision all segments of the market getting pummeled but the ones that come back first are the ones that sold down first. so the best could be the worst. to me that means i want to climb out of the cliff using a stock like home depot. i'm going to climb out there to get this, yeah, home depot. that's one i'm going to get!...
186
186
Nov 26, 2012
11/12
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CNBC
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eye 186
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not only can ross stores transcend the fiscal cliff, it is a cheap stock used to what i'm used to it being. ross traded around $70 another t at the very end of the summer. now $56 and change. vanished. down about 20% from its highs. in part, the stock got slammed along with everything else as people became worried about the economy as the fiscal cliff loomed closer and closer. beyond that, ross stores has been a victim of expectations. i always say guidance is more important, expectations is is more important. when the company reported a week and a half ago on november 15th, investors were expecting them to -- why? because this company always beats and then always raises. >> house of pleasure. >> but they gave disappointing guidance the fourth quarter. plus some analysts worry the company's same-store sales have now decelerated for two quarters in a row. these are legitimate worries. however, after this quarter that many considered to be disappointing -- [ crying ] ross stores only sold off another point and a half and since then rebounded back where it was before it reported. there'
not only can ross stores transcend the fiscal cliff, it is a cheap stock used to what i'm used to it being. ross traded around $70 another t at the very end of the summer. now $56 and change. vanished. down about 20% from its highs. in part, the stock got slammed along with everything else as people became worried about the economy as the fiscal cliff loomed closer and closer. beyond that, ross stores has been a victim of expectations. i always say guidance is more important, expectations is is...
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256
Nov 14, 2012
11/12
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CNBC
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eye 256
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we have good things holding us up. understand this, we will not tolerate those who wish to crush your nest egg. we will not let people sink below. let's just say there is a special annex that i'm adding to the wall of shame. you will lose the election. "mad money" will be right back. >> coming up. cooking with gas, clean energy fuels took another step today and investors filled up on the stock. after falling from its highs earlier this year is it time to hop back onboard? we have the exclusive on today's headlines. and later, cliff notes. time is running out to resolve our fiscal follies. cramer is taking action. tonight dave cote talks about his role in the fix the debt campaign. his take on whether we can avoid the fiscal cliff. plus, ready for takeoff? shares of boeing have been caught in the holding pattern this year. could the flight path be changing or will fiscal cliff concerns keep it grounded? cramer is reading the flight plan in tonight's edition of off the charts, all coming up on "mad money." ♪ ♪ ♪ [
we have good things holding us up. understand this, we will not tolerate those who wish to crush your nest egg. we will not let people sink below. let's just say there is a special annex that i'm adding to the wall of shame. you will lose the election. "mad money" will be right back. >> coming up. cooking with gas, clean energy fuels took another step today and investors filled up on the stock. after falling from its highs earlier this year is it time to hop back onboard? we...
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251
Nov 12, 2012
11/12
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CNBC
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eye 251
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don't kill us. ♪ but bioteches, how about paint? we stood by when sherwin williams but even we, meaning me, didn't see this purchase of mexican paint maker colmex coming in a deal that immediately added to earnings. sherwin williams by buying that company soared $8.22. 5.84%. and sherwin williams is not the only acquirer to see price jump. a company has been hanging around for years doing nothing, a dog, of course it jumped $4.93 to close at 16.au$16.50. you know what is more important? the gains that they gave shareholders simply by buying the company. they took advantage of all stocks, pounced and made you a ton of money for doing so. how hard is it to find these deals? maybe not as hard as it would seem. last week we saw a deal for a boutique investment house that gave you a nice gain. should we be surprised that jeffries group gave you a 14% win this single session by become bought? i think they're all in the same course. the course that says stocks are overall are simply too cleep even as on any given day we focus on the averag
don't kill us. ♪ but bioteches, how about paint? we stood by when sherwin williams but even we, meaning me, didn't see this purchase of mexican paint maker colmex coming in a deal that immediately added to earnings. sherwin williams by buying that company soared $8.22. 5.84%. and sherwin williams is not the only acquirer to see price jump. a company has been hanging around for years doing nothing, a dog, of course it jumped $4.93 to close at 16.au$16.50. you know what is more important? the...
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45
Nov 7, 2012
11/12
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CNBC
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eye 45
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but now wall street is going to have to deal with the very tough elizabeth warren in the senate. but are investors overreacting? jim paulson is still with us, matt mccormick, a bank analyst. jim, overreaction on the financials? >> i think so. the point i'd like to make about the fiscal cliff is that i think congress, the president, everyone, investors included, should step back and realize in the last two years, last few years of gridlock, how much the fiscal issues in this country have improved. yes, improved. we had a 10.4% deficit at the worst. the
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> with the exception of a couple of gold mining stocks, nearly everything is down today. concerns about the fiscal cliff putting pressure on defense names going over it would, of course, triggermaner to cuts in defense spending. northrup grummond, raytheon, lockheed martin, general dynamics, all lower. >>> we know the president has been tough on wall street. but...
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201
Nov 13, 2012
11/12
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CNBC
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eye 201
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but that doesn't stop us from looking for ideas on "mad money." yes, we have an entirely man made crisis. one that could not only cause a huge wave of firings and curtail retail spending dramatically, but it's also driving people out of a stock market where individual companies are giving you positives that would normally provide a tremendous backdrop to a higher market. you know there was a time when some good news over multiple sectors would produce a bountiful bull. yes, where enough good things occurred with individual companies that the sum total would produce overall gains in many stocks. we used to call this pin action. now we get nothing. no spillover. the one pin gets knocked down. and nothing else falls with it. let me just go over some of the good news, some of the knocked down one pins just today that are being obscured by this darn cliff walk. let me show you what you might have missed and will continue to miss until president obama convenes all the leaders of congress and sends them to camp david to hammer out an agreement in time fo
but that doesn't stop us from looking for ideas on "mad money." yes, we have an entirely man made crisis. one that could not only cause a huge wave of firings and curtail retail spending dramatically, but it's also driving people out of a stock market where individual companies are giving you positives that would normally provide a tremendous backdrop to a higher market. you know there was a time when some good news over multiple sectors would produce a bountiful bull. yes, where...
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149
Nov 10, 2012
11/12
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CNBC
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eye 149
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proudly served in the us air force. my question is -- >> just a second. >> you are a legitimate rocket scientist. always good to have one on board. go ahead. >> earlier this year, with wti between 79 and 80 i scaled down. more recently, wti at 90 a barrel, i sold out. should i use the funds to scale back or should i switch to something more low beta and high yielding? >> where did you scale out? >> about 75, 76. >> get right back in. i think it's the perfect stock to be in. i think you're in great shape. go right back in. thank you for serving. tsro is fighting the fight. caution is key. don't pay up too much. this is the best ipo that i could find for 2012. after the break i will try to make you more money. >> coming up, american service? when ever you think of controversial ceo, his turn around of the too big to fail aig seems indisputable. tonight cramer sits down with him to hear about challenges and victories. how he has brought his military experience to the boardroom. >> the cadets of westpoint have arrived. is c
proudly served in the us air force. my question is -- >> just a second. >> you are a legitimate rocket scientist. always good to have one on board. go ahead. >> earlier this year, with wti between 79 and 80 i scaled down. more recently, wti at 90 a barrel, i sold out. should i use the funds to scale back or should i switch to something more low beta and high yielding? >> where did you scale out? >> about 75, 76. >> get right back in. i think it's the perfect...
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Nov 30, 2012
11/12
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. >> join us tomorrow -- not tomorrow. join us monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla and jim cramer. david faber has the day off. we have november ism due out later this hour to watch for. as for picture in europe, we did have eurozone unemployment ticking higher slightly. a mixed bag there. little change overall in europe. our road map this morning starts with what else? the fiscal cliff. the president heads to a pennsylvania toy factory pressing his case for a proposal that actually leaked last night seeking 1.6 trillion in tax hikes. republicans in morning balking and cliff fears prompt another company to issue a dividend and it's whole foods. >> owner of taco bell, kfc, have warned that sales hit the skids. the shares yesterday hit a fresh high. >>> facebook unlikes zynga. zynga shares are plummeting this morning on the news. >>> never an ego boost for the ceo when the stock falls on the news that he's keeping his job. that's exactly wh
. >> join us tomorrow -- not tomorrow. join us monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla and jim cramer. david faber has the day off. we have november ism due out later this hour to watch for. as for picture in europe, we did have eurozone unemployment ticking higher slightly. a mixed bag there. little change overall in europe. our road map this morning starts with...
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Nov 20, 2012
11/12
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. you'll find the technology to help you become a better one is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. s
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology...
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Nov 14, 2012
11/12
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you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> okay. very tough day. now we know a lot of stocks are still going down. remember, the early bird buyer does get crushed. others, the velocity of the decline is starting to break right now. so if you believe in my no pain no gain thesis start to loo
you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... when you take a closer look......
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Nov 7, 2012
11/12
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scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we talked about 200,000 provisional votes that -- provisional votes likely to be counted. they start count of that in ten days. here's the thing the obama camp may have going for it. the results that we're still waiting for are largely from the urban areas where obama was running strong. hyahoga county near the cleveland area, the cincinnati area. these are the areas where we would expect that as the returns come in president obama would run strong and perhaps overcome anything that romney could make up with the provisional ballots.
scott, what can you tell us? >> reporter: first of all when ohio is the state that put romney over the top as many suggested, you get the reaction from the very pro-obama crowd here. but let me take you through what the issue is with ohio and why, perhaps, the romney camp is not conceding it yet. the two candidates with the raw vote totals now, about 75% of the raw votes in, separated by about 30,000 votes. that's not enough when you start figuring in the provisional ballots. remember we...
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Nov 15, 2012
11/12
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hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go higher or lower today. it's been zigging and zaging all session today. down 42 points. that's about the midpoint of the range. the nasdaq is down 11 points, about 1/3 of a percent. the s&p 500 index also trading lower, down 3 1/3 points. some long-time traders may say the first and final hours of the trading day are the most important. since the market highs back on september 14th at the time that qe-3 was announced by the fed, the s&p 500 has suffered the biggest percentage declines in the final hour. this chart shows a typical trading day
hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to feel the sting of the uncertainty surrounding the fiscal cliff crisis. look at the dow, for example. it can't decide whether to go...
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Nov 20, 2012
11/12
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try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. welcome to the world leader in derivatives. welcome to superderivatives. >> federal workers are claiming they are underpaid by an average of 35% compared to private employees but another report is out showing exactly the opposite. they are lavishly overpaid. let's talk to jackie simon with the american federation of government employees. all right. the article in the washington post says that you are overpaid when you include all the fringe benefit benefits plus you have job security. >> the titled truth about fede
try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our...
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Nov 21, 2012
11/12
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally.
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads guillotined at has been the way of the french when they exact revenge. stick with cramer. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male...
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Nov 7, 2012
11/12
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thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be surprised if romney carried all of those swing states that have been described just now. i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has started and that he can improv upon it. but he can't do it unless he's there. things are so bad in this country. to trust it to someone who does not have the experience to spend four years learning the job or even two years is too much time. >> go
thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be...
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Nov 5, 2012
11/12
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which brings us to carbon. there's a reason why romney brought this independence up front and center. it's something he can act on instantly. i think there's a huge gap between these two men when it comes to fossil fuels, but it's not easily seen. it takes some explaining. let me try. first, the president is very cagey about oil and gas. he's quick to take credit for finding more oil in this country. however, as romney puts it, obama is just a lucky beneficiary that will allow for more oil to be found and extracted from private lands. he hasn't been a friend of anything carbon. romney is -- and that means pipelines bring fuel into this country, even if it's considered dirtier. while the president did do a photo on in front of clean energy fuels, he hasn't ordered any branch of his government to switch the natural gas. it's within his right. without such an endorsement, the initiative has been warm. when the president spoke on this issue, he always emphasized it had to be from many sources. solar wind, not gas.
which brings us to carbon. there's a reason why romney brought this independence up front and center. it's something he can act on instantly. i think there's a huge gap between these two men when it comes to fossil fuels, but it's not easily seen. it takes some explaining. let me try. first, the president is very cagey about oil and gas. he's quick to take credit for finding more oil in this country. however, as romney puts it, obama is just a lucky beneficiary that will allow for more oil to...
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Nov 30, 2012
11/12
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can you tell us your alibi? can you tell us where you were on the night this american was murdered so at least we know your side of the story? >> well, i was home with amanda and i just found out there was actually another person on the property. i have a very large compound there. there were now nine witnesses to my whereabouts and they were all on my property. in fact, one of the witnesses is not exactly a friend of mine. they were staying with a woman friend of mine. you know, unless all nine of these people are lying, one of which is not exactly a friend, and i had nothing to do with it. i barely knew the man. i'd spoken maybe 50 words to him in a five-year period. i admit, he was not my favorite person. he drank a lot and did he not like my dogs. they barked. quite frankly, the barking an annoyed me, too. >> you are mentioning you are getting increasingly desperate. after the raid the police confirmed to me they were at your compound. they are not categorizing that whether it was a raid or what context in w
can you tell us your alibi? can you tell us where you were on the night this american was murdered so at least we know your side of the story? >> well, i was home with amanda and i just found out there was actually another person on the property. i have a very large compound there. there were now nine witnesses to my whereabouts and they were all on my property. in fact, one of the witnesses is not exactly a friend of mine. they were staying with a woman friend of mine. you know, unless...
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Nov 26, 2012
11/12
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we use the roads, we use airports, we need the tsa and the infrastructure to keep the economy moving. i consider it an investment in the things we need do business, the same way i invest if my country every year. one of the things i love about philadelphia -- >> we need better roads. >> we need better roads. we need better airports. >> we do. people don't realize you don't need to repave the entire country. if you look at what's going on, there are bottlenecks, specific ones, and you can get it down to a list of 1,000 around the country. if you fix those bottlenecks you can free up a lot of economic activity. you don't need to repave all of i-95. you got a couple of points around port elizabeth, in down in the carolinas, around philadelphia that you need to fix. >> i love companies like yours because you are truly leading economic indicators. people don't ship goods that they don't plan on selling. >> absolutely. >> from your view right now, how's the economy looking heading into 2013? >> it's looking strong from our perspective. >> no sign of a recession or slowdown yet. >> not at al
we use the roads, we use airports, we need the tsa and the infrastructure to keep the economy moving. i consider it an investment in the things we need do business, the same way i invest if my country every year. one of the things i love about philadelphia -- >> we need better roads. >> we need better roads. we need better airports. >> we do. people don't realize you don't need to repave the entire country. if you look at what's going on, there are bottlenecks, specific ones,...
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Nov 15, 2012
11/12
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us for processing. and so we're in contact with them on a daily basis, every hour virtually. >> so i buy something. i swipe my card, where is heartland? >> heartland is the company that answers the phone. machine that makes a phone call and we process, authorize that transaction and then we pay the merchant the next day for their money, taking out our small fee. >> now, being the fifth largestest, how do you not get crushed by the four guys ahead of you? >> well, in 1997, when we urged with heartland bank to form the company, we were number 62, so we've moved from 62 to number 5 in 15 years and granted, the big guys ahead of us are really big. >> yeah, first data. >> but we are growing, a nice innovative company with our own data centers, developers. the most vertically integrated company in the whole industry right now. >> the rap on you, you were the best and then you had the terrible breach. walk us through what happened. we're all afraid of breaches. many of us have been hacked. how was your company
us for processing. and so we're in contact with them on a daily basis, every hour virtually. >> so i buy something. i swipe my card, where is heartland? >> heartland is the company that answers the phone. machine that makes a phone call and we process, authorize that transaction and then we pay the merchant the next day for their money, taking out our small fee. >> now, being the fifth largestest, how do you not get crushed by the four guys ahead of you? >> well, in...
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Nov 15, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ . >>> breaking news with regard to yuan nighted airlines. united tweeting out just a few minutes ago, confirming reports that we have seen throughout the country, saying that we have another computer outage, saying that passengers may be stranded throughout the united states. and we have had reports that these passengers may be stranded for up to two hours. we are monitoring the situation. for the second time in three months a major computer outage has united essentially grounding flights at many airports arrange the united states. >> i'm reminded of the interview you had just a couple of months ago who said our operations this summer were a mess. it seems like a tough chant tore follow na with. >> and as he said at the time, we have fixed all of the problem, but clearly there is another issue for computer systems at united. >> this is a very -- why the 125th over all the other trading days. director of flo
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ . >>> breaking news with regard to yuan nighted airlines. united tweeting out just a few minutes ago, confirming reports that we have seen throughout the country, saying that we have another computer outage, saying that passengers may be stranded throughout the united states. and we have had reports that these passengers may be stranded for up to two hours. we are...
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Nov 27, 2012
11/12
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that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >>> good tuesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber live at the new york stock exchange. melissa is off. the latest s&p case-shiller report has been released. results at the bottom of your screen. we'll go inside those numbers in about 15 minutes from now. >>> futures here marking sometime ahead of data later this morning. we have a mild rally in europe after the greek bailout deal does get done after the third round of talks right now it looks like london and paris are in the green as is frankfurt. our road map starts in omaha where conagra is buying ralcorp. a deal worth 6.8 billion including debt makes it the largest private label food manufacturer. has it lit a fire under m & a? >> don't come in with a negative attitude when i'm positive. >> we want to talk about the wave of special dividends. it continues. this time las vegas sands and dillard's, nearly 60 payments pulling p
that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >>> good tuesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber live at the new york stock exchange. melissa is off. the latest s&p case-shiller report has been released. results at the bottom of your screen. we'll go inside those numbers in about 15 minutes from now. >>> futures here marking sometime ahead of data...
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Nov 21, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't even need prob probable cause. this would be an incredible violation of rights. >> if the whole thing aren't such a mess this would be funny. he wants to read our e-mails without a warrant. the reason this bill is being messed around with right now is it was supposed to be dealt with in september but they were worried that it would be harder to read e-mails. let me just read some of the federal aid. krong but all they have to do is declare an emergency and get a subpoena and go in and read your e-mails. tell me why the local authorities don't like this. this is the version they like. what they di
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't even need prob probable cause. this would be an incredible...
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Nov 22, 2012
11/12
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that's just a big ridge of high pressure is moving in and going to protect us. and the storm track will stay several hundred miles to our north. which means you get sunshine, dry weather, mild weather all the way to next week! a little foggy tonight in the north bay valleys, but it's all about the sunshieshshine. 60s in oakland and san jose. concord tomorrow, 64 degrees. sunnyvale 66, morgan hill 68. sunshine in walnut creek. 65, pleasanton, the dry valley mid-60s with sunshine. your extended forecast calling for sunshine! right on through the weekend. low 70s inland, and we will stay dry until wednesday of next week. it is time for sports! >> take two aspirin, get plenty of sleep. >>> the warriors were going for a 2 in a row hosting the nets. and the 49ers have picked their starting quarterback! [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. harb
that's just a big ridge of high pressure is moving in and going to protect us. and the storm track will stay several hundred miles to our north. which means you get sunshine, dry weather, mild weather all the way to next week! a little foggy tonight in the north bay valleys, but it's all about the sunshieshshine. 60s in oakland and san jose. concord tomorrow, 64 degrees. sunnyvale 66, morgan hill 68. sunshine in walnut creek. 65, pleasanton, the dry valley mid-60s with sunshine. your extended...
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Nov 20, 2012
11/12
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why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the huge decline in natural gas prices. while they work well, i'm calling them disappointing. part of that comes from a lack of nat gas engines. that's because west port innovations was supposed to make them in volume last year but the product is very late. now it's supposed to be 2013. in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stati
why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the...
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Nov 16, 2012
11/12
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one rep told us it's a serious threat to the industry. we're after the professionals who are out to make a profit. investigators will be watching. despite that security you might have guessed pirates still slip through the cracks. we did find that twilight movie is already online and ready to be downloaded for those who are willing to break the law. >> the clock is ticking for twin twinkies. it's all due to an ongoing labor dispute. they say it simply cannot survive. >> reporter: hostess workers stayed on the picket line despite a threat from the company that it would liquidate this bakery and others this afternoon. >> he didn't seem to be scared. >> no. fight for my rights. and for my family. >> reporter: hostess the baker filed for bankruptcy for the second time in a decade earlier this year and demanded concessions from its union members. workers who make $19 to $22 say the company stopped paying into their pension fund. the 70 workers in this bakery which produces bread voted to go on strike last week. >> cup cakes and the bread, made
one rep told us it's a serious threat to the industry. we're after the professionals who are out to make a profit. investigators will be watching. despite that security you might have guessed pirates still slip through the cracks. we did find that twilight movie is already online and ready to be downloaded for those who are willing to break the law. >> the clock is ticking for twin twinkies. it's all due to an ongoing labor dispute. they say it simply cannot survive. >> reporter:...
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Nov 8, 2012
11/12
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then they contract with companies like us. we're a preferred supplier with many of those organizations that are trying to take care of those legacy problems that date back to the '50s, '60s, and '70s. >> all right. one last question in that presidential race. it was widely perceived that governor romney was very pro-fossil fuel drilling. are you concerned now that a second term epa may come in and stop fracking, which would be important, because fracking -- services fracking is part of your business. >> i certainly hope that we will come up with federal guidelines that will be consistent throughout the u.s. fracking has been in place for a long, long time. it's been very successful in cana canada. certainly it's been successful here in the u.s. the real concern, obviously, is not just the water side but also the emissions side, particularly that flowback water that's coming after the initial fracking. and i feel very confident that if we can get some consistent regulationings and guidelines, then we'll be able to find more ser
then they contract with companies like us. we're a preferred supplier with many of those organizations that are trying to take care of those legacy problems that date back to the '50s, '60s, and '70s. >> all right. one last question in that presidential race. it was widely perceived that governor romney was very pro-fossil fuel drilling. are you concerned now that a second term epa may come in and stop fracking, which would be important, because fracking -- services fracking is part of...